Flash News

TREE NEWS reports: Pakistan announced a new regulatory framework for crypto after nearly a decade-long ban, inviting foreign businesses to set up operations. The move follows the country’s Virtual Assets Act progress, signaling a shift toward embracing digital assets.

TREE NEWS reports: Data shows Binance experienced a net outflow of 247 million USDT over the past 24 hours, indicating significant capital movement. This could signal shifts in market sentiment or large withdrawals by users.

TREE NEWS update: Elon Musk announced that SpaceX’s Starlink constellation now consists of 11,000 satellites in orbit. This marks a significant expansion of the satellite internet network.

TREE NEWS reports: US spot Bitcoin ETFs saw inflows of $606 million on Thursday, marking their largest single-day haul since May. BlackRock accounted for 83% of the inflows, while altcoin funds also saw activity.

TREE NEWS reports: Bitcoin’s surge past $79,000 has ignited a rally in crypto-related stocks, with miners and BTC treasury companies seeing sharp gains. The move highlights growing institutional adoption and market optimism around digital assets.

TREE NEWS update: Bitcoin mining and digital asset treasury stocks rallied as BTC surpassed $79,000, boosted by the US Treasury’s expanded long-term bond buyback plan and improved liquidity expectations. Canaan rose over 25%, MARA gained 16%, and Strive, holding over 20,000 BTC, climbed 16%. Trump’s comments on potential US government BTC purchases and the CLARITY Act also fueled optimism.

TREE NEWS update: SpaceX successfully launched and deployed 29 Starlink satellites into orbit. This mission is part of the company’s ongoing effort to expand its satellite internet constellation.

TREE NEWS reports: Bitcoin’s surge above $79,000 boosted crypto-related stocks, with miners and treasury companies like Canaan, Strive, and Metaplanet posting double-digit gains. The rally reflects renewed investor optimism in the crypto market.

TREE NEWS reports: A new report from HPC argues that perpetual contracts serve as a complement to expiring futures, offering lower-cost risk transfer rather than a substitute. The analysis highlights the distinct roles both instruments play in the derivatives market.

TREE NEWS update: Hardware wallet maker Trezor has integrated HyperEVM network support, enabling users to manage HYPE and other HyperEVM assets while keeping private keys offline. Each transaction can be verified on the device, enhancing security.

TREE NEWS update: The CEO of STS Digital, a crypto trading firm, stated that while crypto prices remain in a bear market (‘winter’), institutional adoption has reached a peak (‘summer’). This suggests a divergence between market sentiment and underlying adoption trends.

TREE NEWS reports: A major whale has pre-defined 10 large profit targets, currently sitting on about 70 million in profits. Due to the rapid price surge, the whale failed to re-enter long positions in time.

TREE NEWS update: Tether has burned 2 billion USDT on the Ethereum blockchain, reducing the token’s supply. This move is part of Tether’s ongoing supply management and may impact liquidity in the crypto market.

TREE NEWS reports: Illuvium team has reduced salaries again to extend runway, with treasury funds supporting over 12 months of operations. The move reflects ongoing cost-cutting measures amid market conditions.

TREE NEWS update: Bitcoin rallied as Treasury bond buybacks fueled the ‘not-QE’ trade, while Metaplanet expanded to the US and Cypherpunk made a $33 million Zcash mining bet.

TREE NEWS update: XRP has closed above both its key moving averages for the first time since a bearish crossover formed in August, erasing its most bearish technical signal. This bullish development has caused the Ripple-linked coin to surge, indicating a potential trend reversal.

TREE NEWS reports: Solana Company has publicly supported the Solana constitution proposal while opposing any current adjustments to inflation and fee mechanisms. The firm argues that altering these parameters at this stage could undermine network stability and long-term growth.

TREE NEWS update: Bitcoin’s price has surged past $79,000, approaching $80,000, fueled by positive regulatory news and a US buyback pledge. The rally reflects growing optimism in the crypto market.